• How much edible oil is produced in Benin?
  • Benin alone produced 109 thousand tonnes of vegetable oils in 2019 (Source: World Data Atlas). The African edible oil market was valued at USD 4,803.28 million in 2021. Experts expect it to reach USD 8503.00 million by 2029, registering a CAGR of 7.40% during the forecast period of 2022-29.
  • Does Benin have a good energy sector?
  • This paper analyzed the energy sector in the Republic of Benin, a developing country in West Africa that has many problems in meeting the needs of its population for almost all sectors over the last decade, specifically, between 2010 and 2018, in terms of production, consumption, and imports.
  • What are the major dynamics of edible oil industry in Benin?
  • Some of the major dynamics of the edible oil industry in Benin include: The edible oil market is segmented based on type, package, distribution channel, and end-users. Its growth around all these segments helps Benin to analyze the major growth segments in the industry and provides users with valuable market insights.
  • Is Benin a consumer or importer of oil?
  • Analyses of the West African Economic and Monetary Union (WAEMU), show that Benin is the largest consumer of oil products (26.6%), and an electricity importer (25.6%), despite being home to only 9% of the total WAEMU population (more than 123 million inhabitants) in 2018. 1. Introduction
  • Are there empirical studies on Benin’s energy situation?
  • However, no empirical studies were found in literature on studies of the Republic of Benin’s energy situation, and so more research and studies focusing on Benin are needed. Table 1. Summary of literature on the subject. 3. Benin’s energy situation 3.1. Energy consumption
  • Why does Benin need more exports?
  • The Government of Benin (GOB) when exports more, can decrease the nation¡¯s deficit and buy more from the international markets. To increase livelihoods, farmers need to invest efforts to produce more edible oils, crops, and poultry products.